Impact of Official Development Assistance on the Growth of WAEMU Member Countries: Assessment Following the Recommendations of the 2002 Monterrey Conference-Reference-Cited by-同舟云学术

Impact of Official Development Assistance on the Growth of WAEMU Member Countries: Assessment Following the Recommendations of the 2002 Monterrey Conference

Published:2018-01-01 Issue:1 Volume:9 Page:71-79
ISSN:2039-2117
Container-title:Mediterranean Journal of Social Sciences
language:
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Author:

Lacine Bayoko

Abstract

AbstractThis paper evaluates the impact of official development assistance on the growth of WAEMU countries using an econometric approach. This assessment heeds the recommendation of the 2002 Monterrey Conference that diversification of development support resources is needed. The results obtained indicate that the total net public assistance received has a positive and significant impact in the short and long term on the growth of WAEMU countries. By diversifying the development support resources of the zone, the minimum threshold of official development assistance needed to boost the growth of the countries of the zone is 13.5% of GDP per capita.

Publisher

Walter de Gruyter GmbH

Subject

General Economics, Econometrics and Finance,General Social Sciences,General Arts and Humanities

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